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basically armageddon. the white house today focused on even more spending. the obama administration releasing the details of a plan to pump 50 billion more tax dollars into a stimulus-like tag -- package aimed at infrastructure as the president's continues blaming the republican party for the sequestered spin its alleged consequences. white house press secretary jay carney actually mocks congress today for being on recess with a deadline looming, telling republicans there is a very simple solution to this sequestration problem. simply capitulate to the president and the democratic party. >> i don't want to make predictions. i would note that congress is up this week, which says something, i suppose. but the fact of the matter is the march 1st deadline is looming. congress has an option, a very simple option, which is to take up the proposals put forth by senate democrats and house democrats. lou: being very helpful to the republican leaders. the problem with this statement is, there is no democratic proposal. the president has not picked up the phone to even begin to initiate or neg
. thank you for being with us. and now just over one week from the obama's cluster taking effect or should i say the unleashing of the sequester. seemingly has his entire administration of full force forecasting horrifying events of the sequester is not stopped, and the president's threat million predicting disaster if the $85 billion in arbitrary spending cuts to is not prevented. we'll respect this president does a man of intellect and immense political acumen, a man of many seasons and parts, but he is also a man of many threats. the president wants to raise more taxes just a weeks after congress agreed to a higher taxes in order to reach agreement if faugh -- he's out pushing the politics of fear, dg his way or disaster. a sequester is a least, the military, he says, will be ready if called upon. the white house says fbi agents will be furloughed along with civilian federal employees. federal prosecutors allegedly will close cases and let criminals run free. air traffic controllers and airport security to be furloughed. thousands of teachers and educators and first responders all laid
the federal government has nothing to do with first responders, teachers, or administrators. the obama white house seems to want us to believe that the streets will be filled with both toddlers and crux, airports will resemble a ghost towns, and the federal government work force will be reduced by about one-third. scary. scary except we have heard all of this before. are very on president. we heard it in the debt ceiling debate. we heard it in the run-up to the fiscal cliff. remember this threaduring the debt ceiling debate back in the summer of 2011? i cannot guarantee that those checks go out on august 3rd if we have not resolve this issue because there may simply not be the money in the coffers to do it. this is not just a matter of social security checks, veterans' check folks on disability and their checks. about 70 million checks that go out. lou: more recently in the linda congressional session in the fiscal. >> debate, president obama issued his threat. >> what has been holding us back is the dysfunction here in washington. and if people start seeing that on january 1st this problem
the american people. >> president obama took a rare question from the press in the oval office and said he is optimistic to cut off the massive indiscrim innocent spending cuts. >> i have also been clear that there is an alternative. which is for us to take the balanced approach i presented where we have more strategic cuts on programs we don't need. we close tax loopholes that are taken advantage of by well-off. >> more pessimistic tone coming from speaker boehner's office that today charged the president has been awol. other that phone calls to g.o.p. leaders yesterday and spokesman declared sound bites and speeches won't yield results. while the con seventive group crossroad gps launched a new ad today mocking the apocalyptic tone from the president. >> are you willing to see a bunch of first responders lose their jobs, teachers laid off? air traffic controllers and airport security will be a hardship, scram to believe find child care for their kids. >> the sequester was obama's idea in the first place. he signed it in law. >> it seems like every three months around here, there is a man
has been in a unique position, answering for techniques used in the bush war on terror and obama insider on the use of drones to kill terrorists, a hearing that got off to a bumpy start. >> they won't tell congress what country we are killing children -- >> please. >> john brennan's confirmation hearing was interrupted five times by code pink protesters before the room was cleared. brennan has taken heat from liberals as architect of the obama drone program and its kill list. today he told lawmakers killing terrorists is not ideal. >> i never believe it's better to kill a terrorist than to detain him. we want to detain as many terrorists as possible so we can illicit the intelligence from them in the appropriate manner so that we can disrupt terrorist attacks. >> since closing gitmo has been a obama priority. they've done more killing than capturing. they tried to calm the outrage by agreeing to show members of the intelligence committees the justice department's memo justifying targeted killings with drones. but today white house press secretary jay carney said there are no plan
. i was there in the whiter house briefing room yesterday when president obama came out and called on congress to take action to avoid those massive cuts to pentagon spending known as the sequester which kick in march 1st. if march can't pass a big bill, they ought to pass a small bill to delay the sequester for a few more months. house republicans led by john boehner immediately said no way. here we go again. the party of no opposing anything obama wants. we will tell you about that. also tell you the latest on drones and a lot more here on the full court press. but first, let's get the latest. lisa ferguson is here. well, she is not here. she is in los angeles with today's current news update. hi, lisa. good morning. >> close enough. los angeles, d.c. good morning, everyone. the president is in annapolis today after 10:00 this morning and atends the conference at the western annapolis hotel. vice president biden is swearing in john kerry as secretary at state from the state department and then later this evening, he is speaking at the house democr
take a look at president obama yesterday in minneapolis saying people have to decide do they stand with cops or kids. all of that coming up right here on current tv. >> nine. >> this is what 27 tons of marijuana looks like. (vo) with award winning documentaries that take you inside the headlines, way inside. (vo) from the underworld, to the world of privilege. >> everyone in michael jackson's life was out to use him. (vo) no one brings you more documentaries that are real, gripping, current. stop looking at car interiors. get inspired by other stuff. yep. yep. ok. sure. why not? woah. touchscreens. put that in your dash. now, luxury stuff. make your seats like that. that thing has wifi, why doesn't your car? you can't do that. ignore that guy. give it wifi. yes! make it fit 5 people. no, 5 actual sized people. give them leg room, good. destroy boring car interiors forever. and that's how you do it. easy. ♪ ♪ [ voice of dennis ] allstate. with accident forgiveness, they guarantee your rates won't go up just because of an accident. smart kid
that said barack obama or you gave people the option of clicking online on something that said mitt romney, more people would click on the thing that said barack obama. consistently. by a lot. in a controversial article last summer right in the heat of the campaign, an article that acknowledged what everybody else in the media already knew was true, but had not admitted outloud, the website buzz of feed finally put a headline on it and put it up in black and white. mitt romney is terrible for traffic. they mean web traffic. they did what essentially amounted to a control experiment in terms of people's interest online in the two candidates. look. 29 photos of baby barack obama versus 30 photos of mitt romney as a child. essentially, you're offering the same thing. reliably adorable childhood images of people you know now as full grown men. it's the same comparison, apples to apples. the photos of baby obama got just under 70,000 views. the photos of baby romney just over 6,000 views. that is worse than 10 to 1. okay, maybe it's a baby thing. how about if we age them a little. barack obama,
. this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. the obama administration buckled today in the battle with some religion non-profit organizations over the requirement they offer birth control coverage in their health insurance packages. while today's shift is significant, it also leaves out a big group that is also suing the government. chief washington correspondent james rosen tells us what triggered the change. >> under the new rules proposed by health and human services secretary kathleen sebelius non-profit religious employers will be able to opt out of the obamacare mandate of female contraceptive in the healthcare plan. instead insurers will be required to provide coverage, including standard birth control and items like the morning after pill. the white house says the modifications meet president obama's overarching goals. >> we had to ensure the women have access to preventative services like contraception. the policy also respects religious beliefs. >> catholic league bill donahue held the announcement as a sign of good will toward the catholic community. becau
have appeared in an oscar. was this a hit? >> i loved michelle obama, and i thought this was really a horrible idea. it just felt wrong. it felt like another universe entering in there. i mean oscar -- movies are pretend. this was like -- i don't know. all the formality and the guards behind her. and it seemed creepy to me. and pairing her with jack nicholson? >> that was interesting. definitely gave him some cover. but quickly, would it have worked better obviously if she had been there? would it have worked if she was there? >> i don't think she should have been there. she doesn't belong there. hollywood has its own royalty. it has its own first ladies and first men. that's what the evening is about. oh, daniel day lewis, a god, a god. absolutely a god. and he was slightful. he was funnier than seth macfarlane. >> david edelstein, great to have you with us. >> see you next year. >> yes, you will. that's "the ed show." i'm ed schultz. "the rachel maddow show" starts right now. >> good evening. the only thing that is going to top yours and david edelstein's take at the oscars last n
secretary. congratulations, harry reid, you built this. barack obama killed osama bin laden so republicans are killing the post office. thom hartmann joins us on that. republicans are still fighting each other. it is like a civil war with the south fighting the south. and eliot spitzer is with us tonight which is historic because you know conan's not going on jay. today is the birthday of carl bernstein, florence henderson is 79. also the birthday of keller and somewhere, somehow jimmy hoffa is celebrating his 100th birthday. we celebrate valentine's day to publicly demonstrate your affection with crap. this is "viewpoint." >> john: good evening, i'm john fuglesang. coming up, another state moves a big step closer to approving american equality and another conservative moves a big step closer to having a heart attack over it. bp pays billions in fines for the gulf oil spill then gets billions more in government contracts. lindsey graham announce he will continue to block lady gaga's tour until she provides more answers about benefit -- benghazi. >>> starting with the senate and majority le
. at devry.edu. ♪ >>> president obama's cabinet is starting to look like the white house version of the lonely heart's club. it's thursday, february 14th, valentine's day, and this is "now." >>> joining me today author and radio host of the nationally syndicated studio 360, curt anderson, msnbc contributor and queen bee of the grio.com joy reid, politico senior political reporter, the intrepid maggie haberman, nicknames galore, and host of msnbc's "the cycle" steve cornacke. >> these days for republicans all roads lead to benghazi. senator lindsey graham and fellow senate republicans are blocking a confirmation vote on chuck hagel as secretary of defense until the white house provides more information on something that has nothing to do with chuck hagel. >> i am going to fight the idea of jamming somebody through until we get answers about what the president did personally when it came to the benghazi debacle. >> just to be clear, according to senator lindsey graham, a 38-day confirmation process is the ekwifl ens of jamming somebody through. hagel's confirmation was approved by
this hour. president obama continues to warn the nation about upcoming spending cuts that could go into effect march 1st. in his weekly address to the nation he blamed republicans for the crisis. >> these cuts don't have to happen. congress can turn them off any time with just a little compromise. unfortunately, it appears that republicans in congress have decided that instead of compromising, instead of asking anything of the wealthiest americans, they'd rather let these cuts fall squarely on the middle class. >> republican senator john hoven of north dakota delivered the weekly address and said congress has done its part. >> house republicans have already passed two bills to replace the president's sequester. so the question is why won't he work with with us? and the answer, quite simply, is because he wants higher taxes. >> republican governors meeting today in washington are asking the federal government to solve the spending crisis and not to add to the burden on the states. >> don't pass the balancing the federal budget on the backs of state governments because we're still re
-old in the country. today, obama is visiting a prekindergarten classroom at an early childhood learning center and then he's speaking at a community recreation center in georgia. later this afternoon the president has another google fireside plus hangout. it is a modern day spin-off of roosevelt's fireside chat. the president will talk more about his state of the union address and you can join him at the white house.gov the white house's youtube page. >> the proposed increase would take place over the next two years and would take the minimum wage from $7.25 an hour up to $9. speaker boehner is saying that would cause more problem for the nation's unemployment and the reason why people have minimum wage jobs is because they come into the labor force with no skills. someone working a full time minimum wage job is only making $15,000 a year. that's barely above the poverty line and that's before paying taxes, before paying into medicare and social security. white house officials say raising the minimum wage would have no negative effect on the nation's unemployment and would give some 20 million
was listening to president obama call for gun control, she had no way of knowing that in a matter of only a few hours, her family would become the latest in chicago to be ripped apart by a gunshot. her 18-year-old sister was shot and killed while walking with friends, one of whom may have been the intended target. cnn's ted rowlands has moran the story. he's joining us now. what are you finding out, ted? >> reporter: well, wolf, it is just another tragic story coming out of chicago. another teenager loses her life. as you mention, a 14-year-old girl who was up on stage with the president, listening to him talk about gun violence, would soon find out that her sister was also shot and killed. when president obama returned to chicago last week to talk about gun violence, 14-year-old destiny warren was one of the high school students standing behind him. a few hours later, destiny's 18-year-old sister was shot and killed in this alley in north chicago. >> all this gun violence that's going on out here, you never think it will be your child. this is the hardest thing for me in my life. >> reporter:
go to the miles per hour families. >> day two of the white house pushing the line, president obama started yesterday about how automatic cuts will knock hundreds of thousands of people out of their jobs among other calamities. >> tens of thousands of parents will have to scramble to find child care for their kids. >> today, pentagon officials said furloughs among their civilian employees would not start until late april. as for daycare -- >> how do you back up tens of thousands of parents will search for child care immediately >> look, whether that search begins on march 1 or in the near future, the impact on the economy and on people's lives is real. >> indeed, defense officials also said today especially if it did not start right away, not only will the jobs be furloughed, all civilian pay will be cut by 20%. one reason white house aides say they have the upper hand over speaker john boehner and the conservatives seem to agree. boehner had an op-ed blasting the president for not coming up with a solution. the republican declared the cuts will be deep writing a week from now, a dr
totally unrelated to chuck hagel as defense secretary is what president obama was doing during the benghazi attack. hagel remains in limbo, as does defense secretary leon panetta, who isn't exactly sure when he will be able to return to his california walnut groves. >> this is, i believe, my final press conference here at the pentagon briefing room. there are moments when i thought i was part of the last act of an italian opera. you're not sure exactly when it would end, and when the fat lady would sing. >> for now the only certainty is much more congressional uncertainty. joy, does leon panetta need a shirt that says "i survived a chuck hagel filibuster and all i got was this lousy t-shirt?" just when he thinks it can't get worse, it's actually seemingly gotten worse. >> this is insane. i mean, last night i went through, and i was looking at the george w. bush cabinet nominations. none of which were filibustered. just for fun. just because i knew we were talking about it. his second term cabinet nominations, the majority went through by voice vote. they didn't even bother to t
to president obama's state of the union address. mr. obama using his speech last night to express for more government spending, sweeping gun control measures and immigration reform. let's talk about it with karl rove, former senior adviser and deputy chief of staff to george w. bush, also a fox news contributor. karl, we heard the president talk about a lot of programs that he wants, things liken no sraeugs centers for american manufacturing, that kind of thing. but he says all of this will not add one time to the dead ral deficit. do you buy that? >> no, i don't. you know it was interesting the president did talk many numbers in his speech and the white house briefing sheets on this didn't have much in the way of information. there are three numbers, the president's infrastructure program is $50 billion, his project rebuild, that is to rehabilitate or tphol i shall a hundred thousand vacant or damaged buildings. 15billion. a billion for manufacturing centers. look at the rest of these things to which no price tag was attached in the speech or in the white house briefing papers. subsidies,
administration, president obama's administration, charged with this duty is the director of office of management and budget, historically that has been the case. but my concerns go deeper than that. i believe that every public official in this nation owes an absolute loyalty to the united states, to the betterment of this country and its government. and to the institutional processes that lead to the governing of america. there can be no doubt that every government official from the president on down is accountable to the institutions of our government and to the people, ultimately, without doubt the direction of o.m.b., the director of o.m.b. has such a duty. he's required to meet that duty with honor, honesty, efficiency, and responsiveness. he serves us. we don't serve him. he serves the american people. the american people send their money to washington and they expect it will be honestly and openly managed, accountable. they have every right to demand high performance from all officials, but particularly the director of the office of office of management and budget. surely there can be no h
. president obama shifting focus back to the economy after encouraging economic news friday. >> home prices are starting to climb again and car sales at a five-year high. manufacturing is roaring back. the business created 2.2 million jobs last year and our economy created more jobs than econom t economists originally thought. >> jones industrial average closed about 14,000 on friday, the highest since 2007. the los angeles mayor has put an end to speculation that he will be joining the obama cabinet. there is talk he might be transportation secretary. he said he will finish out his term as mayor. in massachusetts, former senator scott brown said he will not be running for the senate seat vacated by john kerry, but there is speculation that brown could have his eye on the governor's seat when patrick steps down in 2014. we will take you to boston to big deeper into that story later in the show. a whole lot to get to first. vice president biden is in germany and talking international security with diplomats from around the globe. in his speech earlier he called the president a tyrant and sa
leave act with the national >> four years ago resident obama traveled to indiana to sell his economic stimulus plan. we are asking for you to give us your view. welcome to this addition of the washington journal. we want to know from you what is your view of the economic recovery the president talked about four years ago. here are the numbers -- you can also reach out to us via social media. the address is on the screen. for twitter, the address is cspanwj. pan.book.com/c-spas or you can e-mail journal@c- span.org. we begin by talking about the speech that the president made four years ago in elkhart, indiana. it is part of the nbc news elkhart project. we will talk more about that. we want to talk to you about your view of the economic recovery. our first call comes from randy and new hampshire on our line for independence. caller: how are you guys this morning? things are going downhill fast. we are in this huge crisis. the recession is going on and on. we are lucky that we are not in worse shape in a severe depression. the banks keep doing business. things need to change fast. host
, everybody. president obama today fresh from a three day vacation and a dustup for the white house press corps push in the lumen sequester cuts to the top of the public agenda. $85 billio$85 billion of arbitry spending cuts per week, sure and there would be no sequester and now with nine days remaining before it all goes into effect, he is basically complaining republicans aren't leaning on the issue. mr. obama has not taken any initiative to bring republicans and democrats together for a discussion, let alone a negotiation. and he hasn't even called republican leadership to talk about a compromise on sequester. instead, listen as the president doesn't acknowledge the sequester originated in the white house, and that he bears great responsibility for resolving the issue. >> republicans face a simple choice, are they willing to compromise to protect vital investments in education and health care and national security and all the jobs that depend on it. where would they rather put hundreds of thousands of jobs and hourl entire economy at riso close loopholes that benefit only the wealthies
in colorado. >>> all that -- >> the second obama term is starting out with bangor two. >> michelle obama's formal portrait. >> a former senator now admitting he had a secret love child with the daughter of another former senator. >> when did the senate become "the jerry springer show?" when did that happen? >> -- on "cbs this morning." >> a woman called 911 because she needed cigarettes. >> hello. i need some cigarettes. >> you don't see me calling 911 because i ran out of jokes. not anymore, anyway. captioning funded by cbs >>> welcome to "cbs this morning." a storm is threatening nearly 30 million people in the midwest. it could be the worst weather to hit the region in 20 years. there are white outconditions. people in kansas are being urged to stay off the road. one person has been killed in a storm related crash in oklahoma. in the west it snowed in tucson, arizona. look at this. the world golf championship was suspended. blizzard warnings were posted in parts of arizona. >> we have a big mess in the midwest as you have been alluding to. here's what it looks like on the radar this m
jackson in washington with more on what the >> the obama administration is expected to unveil new initiatives to put a stop to cyber stealing. hallie jackson has more on what we can hear today from our washington bureau. >> today the obama administration will announce it is going after countries which spy on the u.s. by hacking into our online systems. >> it is something we're working on constantly and we will take necessary measures to enhance our cybersecurity. >> the white house wants fines and other sanctions as part of a more aggressive stance on cyberattacks, especially those from china the news comes a couple of days after a firm linked to a chinese military units was accused of stealing secrets. countries spying on other countries online is nothing new, according to cyber security experts. but what is different about the china hack is the focus of u.s. infrastructure. >> that could give them leverage to either launch an attack or just have political leverage in knowing the vulnerabilities of our nation. >> officials in beijing and said they had nothing to do with the cyber
back hagel. democrats have largely supported president obama's pick to follow outcomegoing secretary leon panetta. the new poll shows the federal government is not popular with the american public. a majority of americans thinks it threatens their personal rights and freedom. let's talk about it. david mercer and former rnc spokesperson is here for a fair and balanced debate about why everybody's so cranky. good to see you both. >> good tesee you. >> so now, we believe it's the first time in the history of the poll who have a majority of american who is say they are not happy with the federal government. >> in the poll, if you look deep into it, it says outright that conservative republicans who in 2010 had a 62%... feeling of being threatened by the government, now it's up to 76%. so i think that's largely driving this new number that we are seeing in the poll, which is to say, what is it attributed to? a lot of factor, being the financial crisis, starting in 2008 and i think also a lot of gridlock and partisanship, which we all need to take a note of so we can get to fair and balan
threat. the obama administration has focused almost entirely on al qaeda. believing people when they came in and said, look, the only people who can actually give you advice on dealing with these radical folks are islamic believers, he so you must get advice from us. form partnerships with us, let us give you advice, let us tell you how to deal with this threat. and they made great inroads in this administration in that approach. but the blindness of the larger jihadist threat, the enterprise that is being pursued by the muslim brotherhood abroad, has resulted in the practice of drone delivered assassinations of al qaeda figures with what many are questioning or arguing is due process without that. and this administration's repeated declaration that al qaeda is being defeated. they know not of what they speak. the idea that al qaeda is being defeated is helping recruit others who are radical jihadists, because they are able to point to a united states administration that is so blind and so uninformed of what really is going on that they think al qaeda's on the decline when radical jihad i
in spending cuts. some of which could begin in the month of march. president obama, for his part, back on the road today, heading for newport news, virginia. you will see him in three hours time. that is big military community where he plans to highlight painful cuts they say for the pentagon and the u.s. navy. but republican leaders calling on the president to quote, stop campaigning and help them solve the problem. but at the moment, there are no meetings planned between any of these sides, the house, the senate, the white house and they're taking friday off as of now. martha: all right. well the looming budget cuts were high on the agenda when the president sat down with the national governors association yesterday. arizona governor jan brewer went "on the record" with greta van susteren to get her impressions exactly what happened at that meeting. here's that. >> you know, he definitely says he wants to work together but obviously he doesn't want to compromise one little bit. bottom line he wants to raise taxes. and he doesn't want to cut. i think the american people believed, that
big surprise at the end for viewers was the first lady, michelle obama, gave out the best picture award. watch this. >> it's hard but you can't hold grudges. it's hard but you can't hold grudges. and it doesn't matter how you get knocked down in life because that's going to happen. all that matters is that you got to get up. >>gretchen: that was the best line of the night. we were supposed to hear from the first lady there. she actually was the surprise guest to announce "argo." as a winner. that line should be playing across the schools for all kids today what ben affleck just said. >>brian: he came out, he won. one of the other producers spoke first. george clooney didn't say anything. what was interesting is jack ni coleson walks out. i thought this is going to be clint eastwood-esque. then he gives it to the first lady of the united states who ends up naming the winner. >> ben affleck was referring to the fact that he was not nominated for best director's award. >>gretchen: he was not nominated at all. it was interesting to remember he started with "good will hunting." i had f
, lisa. good morning. >> hey, bill. good morning, everyone. president obama is speaking at the armed forces farewell tribute today in honor of defense secretary lienon panetta. he will be at joint base myer henderson at 4:00 this afternoon. this is the formal goodbye for panetta stepping down from his position. yesterday, he testified over the attacks in benghazi where he revealed there was no advanced warning for those attacks. he said that factor plus the time and distance involved prevented the u.s. military from reaching the consulate before four americans were killed. panetta also confirmed he personally broke the news to president obama the night of the attack but that the two did not speak the rest of the evening as the assault continued to unfold. the president had told panetta to do whatever he needed to do to protect our people out in benghazi. today, house democrats wrap up their annual retreat with a little comedy. stephen colbert is speaking to the caucus thanks to an invite from nancy pelosi. after his comedy routine, pelosi will interview
this morning. obama care contraception change, combination and really helping people out or is this a big gimmick? who is going to end up footing the bill for the third party insurer who has to pay for these contraceptives. essentially what's happening is nonprofit religious groups are not having to provide this contraception whether it be birth control or the morning after pill. to their employees, they still do have to alert the third party insurer. >> that sounded on first blush like a great accommodation because a lot of people were upset about that. if you read further you will have to provide a third party insurer. it seems kind of gimmicky, don't you think? >> the whole idea was and the critics, of course, have come out and religious institutions and george town university. other religious institutions said look, we don't want to be a part of this conversation. we should not be forced to provide free contraceptions to the people who are on our staff. we need to have that separation here. but, because they have come out and said now we need to be able to talk to these third party in
. heidi heitkamp won last time in november. president obama lost north dakota by 23 points. so it is just that there's this home-grown progressive tradition in north dakota and if you grow up there and you're known there you could can be a preggive. they like you you get elected. the way to get elected in north dakota is pretty clear. i learned last night. byron dorgan was the tax commissioner elected statewide for north dakota. he was succeeded by kent conrad, the tax commissioner from north dakota. kent conrad was succeeded as tax commissioner from north dakota by heidi heitkamp. >> all right. >> bill: kent worked as an assistant to byron and heidi worked as an assistant to kent. so we all wanted to know who is the next tax commissioner? she's great. she's great. we're going to get her in the studio here one of these days before long. also, what was interesting last night is former vice president walter mondale was at this party. i haven't seen him in a long time. >> he doesn't do a lot of stuff apparently. >> bill: tweeted out a photo with me and heidi heitkamp and me and the vice pres
the government and the economy? we're also looking into why president obama was completely unaware, supposedly, that several hundred illegal immigrants already have been freed because of the forced spending cuts? and i'll ask new york city mayor's michael bloomberg if he'll run for president in 2016. i'm wolf blitzer. you're in "the situation room." >> let's begin today with the rally on wall street. major gains that can affect your retirement savings and more. dow jones industrials completely erased a steep drop earlier in the week. let's go live to felicia taylor in new york. what happened, felicia? >> ben bernanke in his testimony in washington basically saying that we are going to see quantitative easing through 2016. that's what the market is focused on. yes, we've got better than expected numbers on manufacturing and home sales but when they heard that ben bernanke still believes we aren't going to see unemployment drop to 6.5% until 2016, that means stimulus measures are going to be in place and that's what wall street wants to hear. wo wolf? >> the 14,060, the market had collapsed in 2
even if it means raising some new revenue just the way obama is demanding. joining me now with his take on all of this joe trippi, howard dean's former campaign manager hanna fox news contributor. joe has a strategist do you agree that that is really what is happening here with the president? >> it's certainly by default going to go down that way. part of the reason i think it works for him is that the republican part see is sort of fractured right now and is arguing about the path to take. i mean, even within its own ranks and that definitely hess the president, who by the way has this -- i know we look at his 53% approval rating and wonder, that's relatively slow sometimes for a second term, beginning of a second term, but the republicans in congress have a 23, 24% approval rating, so, you know, you put those two things in combination and he's got a lot more room to maneuver and to push, and he seems to be very aggressive to do this. jenna: approval ratings aside, i don't want to mention the approval ratings of the media, we are pretty low in there too. that aside the president is goi
blaming president obama for the fight over the sequester budget cuts. woodward recently wrote an opinion piece in the "washington post" accusing president obama of moving the goalpost in the negotiations over spending cuts and he said that generated the e-mail from the white house. >> it makes me very uncomfortable to have the white house telling reporters, you're gonna regret doing something that you believe in. >> the white house issued a statement saying no threat was intended in the e-mail according to the statement, the e-mail suggested that woodward would right get his statement about the -- woodward would regret his statement about the sequester because it's not accurate. the spending cuts are set to kick in tomorrow. the senate is scheduled to vote today on rival democrat and republican plans to replace the spending cuts. coming up at 7:15, why some critics say the senate vote today is not even designed to solve the budget problem. >>> 7:06. police need your help. they are trying to find an 11- year-old san leandro boy who never returned to his foster home. investigators say mile
the debt. we have to pay the bill. the idea that the only way you got president obama and the democrats in congress to cut spending is to threaten them that is not true. that one piece of inside information is president obama really cares about the deficit. if there is something he noticed in the first two years when the economic crisis had to be front and center, the thing he wanted to deal with was the long-run deficit. the idea that he went on a spending binge if you don't make threats like that is crazy. the evidence is there that he put spending cuts on the table. he asked them for them to be paired with tax increases as well. there is more good will than people realize. more agreement that we have such a big budget problem that will we're going to fire on all cylinders. we have to cut spending. frankly, we have raise more revenue. >> you're listening to the california program and our speakers are economic experts. we are discussing national, regional, and global economic challenges. you can find video online. there's a series of questions around employment and job growth. what wha
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